Devonport at a glance
14,788
People
$610,000
Median sale
$494/wk
Median rent
4.21%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
$476,000
Last sold
19 Jan 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
670 m²
Land
98 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$476,000
19 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Devonport (last 5 years) with land size have a median of $834/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Devonport at a glance
14,788
People
$610,000
Median sale
$494/wk
Median rent
4.21%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Vs Devonport
-22.0%
Median sale
Suburb $610,000
+1.19 pp
Gross yield
Suburb 4.21%
Suburb median $610,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $494/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Devonport at a glance
14,788
People
$610,000
Median sale
$494/wk
Median rent
4.21%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by For Sale By OwnerThe Phone Code for this property is: 77186. Please quote this number when phoning or texting.
Investment Security Meets Future Lifestyle Potential
Address: 1 Park View, Devonport TAS 7310
Price: $475,000
Lease: Currently leased until 30 June 2026
Rental Return: Currently is $344 per week as of 01 July 2026 it becomes $465 per week (with potential for future increase)
Land Size: Approx. 670 m²
Building Size: Approx. 98 m²
Bedrooms: 3 Bathrooms: 1 Off Street Parking: 2 Roof: Tile
Set in one of Devonport's most convenient and family-friendly pockets, 1 Park View represents a rare blend of secure investment and future lifestyle opportunity.
This charming three-bedroom home sits proudly on a spacious 670 m² block and is currently leased until 30 June 2026, providing guaranteed income and peace of mind for investors.
Beyond the lease term, the property opens the door to your next chapter - continue earning solid rental returns, or move in and make it your own coastal home.
• Three spacious bedrooms, each filled with natural light.
• Well-maintained kitchen and living areas designed for easy everyday living.
• Generous 670 m² block with space for a garden, entertaining or future enhancements.
• Solid brick construction (circa 1976) - sturdy, low-maintenance and built to last.
• Off-street parking.
• Fully Fenced Yard - divided into 2 separate yard areas including rear outdoor patio area
• Quiet Street surrounded by quality homes, parks and local amenities.
• Current rent includes an annual government subsidy.
• From 01 July 2026 returns from $465 per week, with strong potential for rental growth
given Devonport's rising demand.
• Secure lease through to mid-2026 ensures guaranteed income from day one.
• Low vacancy rates in Devonport make this a smart, long-term investment.
• Option to move in after the lease ends, turning your investment into a personal residence.
• Located close to Devonport CBD, schools, shops, cafes, and waterfront walking tracks.
• Council Rates 2025-26 - $1,736.00
Perfectly positioned near Devonport's key lifestyle attractions - from Bluff Beach and the Mersey River foreshore to Coles Beach, local parks, and the Spirit of Tasmania terminal.
Residents enjoy a relaxed coastal lifestyle with all conveniences close at hand, including reputable schools, public transport and major retail centers.
Whether you're a seasoned investor seeking a "set and forget" property, or a future homeowner planning ahead for a move-in date, this home ticks every box.
With a strong lease in place, excellent tenant, and flexible post-lease options, 1 Park View is a standout in the current Devonport market.
For further information or to arrange an inspecton please contact us:
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (TAS), For Sale By Owner — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.